Cocoon Capital

Cocoon Capital Management Pte Ltd
Private
Industry Venture capital
Founded 2016 (2016)
Founder Michael Robert Blakey & William Klippgen
Headquarters Singapore
Area served
Southeast Asia
Key people
Michael Robert Blakey
William Klippgen
Website www.cocooncap.com

Cocoon Capital is a Singapore-based venture capital fund focusing on online, early-stage technology companies.[1]

History

Cocoon Capital was founded by Michael Robert Blakey and William Klippgen in 2016[2] in Singapore.

Investments

The firm invests in early-stage, private technology companies. It specialises in seed stage and startup stage investments.[3] The company mainly invests in companies based in Southeast Asia with between $400,000 and $750,000.[4]

Cocoon Capital has invested in over 10 companies since 2016, including ticketing platform Hapz.com,[5] Filipino electronics retailer Poundit.com,[6] energy management company SensorFlow,[7] Vietnamese social media management platform Hiip.asia and Singapore-based web delivery platform Dexecure.com.[8] Its portfolio is mainly in B2B SaaS, B2B fintech and B2B deep tech.[9] Since December 2017, the fund has been a partner with the Singapore government-linked innovation agency SG Innovate[10]

See also

References

  1. Cocoon Capital launches in Singapore with $7m seed fund, Justin Niessner, December 8, 2016, AVCJ, retrieved April 23, 2018
  2. Cocoon Capital launches US$7M seed fund, targets SaaS, e-commerce, and fintech verticals, Yon Heong Tung, December 6, 2016, ‘’e27 / Yahoo.com’’, retrieved April 12, 2018
  3. "Cocoon Capital website". December 14, 2017.
  4. Chia Yan Min (June 6, 2017). "Five questions for Cocoon Capital". The Straits Times.
  5. Cheok, Jacquelyn. "SPH-backed events startup raises S$0.68m in seed funding". The Business Times. Retrieved 2018-04-26.
  6. "Filipino ecommerce site Poundit raises US$629,763 from Cocoon Capital - Reuters". Retrieved 2018-04-26.
  7. "Singapore startup SensorFlow secures US$571k in seed funding to make hotels go green". Digital News Asia. 2018-04-04. Retrieved 2018-04-26.
  8. Cheok, Jacquelyn. "Singapore software startup Dexecure gets S$1m seed funding from Cocoon, Walden". The Business Times. Retrieved 2018-04-26.
  9. Fund Focus: Cocoon Capital abandons traditional VC approach as it targets B2B startups Read more at: https://www.dealstreetasia.com/stories/cocoon-capital-abandons-traditional-vc-approach-70009/, Joji Thomas Philip, April 18, 2017, ‘’DealStreetAsia’’, retrieved April 25, 2018
  10. "SGInnovate to work with 17 VCs for co-investing in early-stage deep tech startups under Startup SG Equity scheme | OpenGovAsia". www.opengovasia.com. Retrieved 2018-04-26.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.